PSA: Be very careful with Bitcoin Cash Electrum Clone "Electron Wallet"

in bitcoin •  7 years ago  (edited)

Electrum highlighted earlier today the security problems with the forked BCH Electrum wallet called Electron.


Source: https://twitter.com/ElectrumWallet/status/891935330235973633

Later they released as statement:

...The person who distributes the Electron Cash binaries has decided to
remain anonymous, and uses the fake name "Jonald Fyookball" in order
to sign Electron Cash binaries. Thus, if these binaries contain code
that is designed to steal your bitcoins, the author of the theft will
be anonymous and walk away safely with your funds...

Source: https://electrum.org/bcc2.txt

Contingency Plan

If you're an Electrum user, here's how to do it

  • Wait until Bitcoin Cash Forked - give it some blocks at least.
  • Move your Bitcoin to an new Electrum Wallet

2nd PC - no Electrum installed (best option)

DUMP?

  • HitBTC confirmed BCH Trading for example.


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damn good info, thanx @ash!

wow excelente informacion!

DO NOT USE this electrum